Auto Warranty Companies Fight For Your Business

extended auto warranty - The world of auto warranty companies is actually a fiercely competitive one. You can find a limited number of cars on the highway - granted, there are many them, and each one of them, at some point or still, has or experienced a warranty - but with the multitude of companies fighting for the business of these drivers, it means that each and every car owner is definitely the target of some very hungry sales reps.

This can be quite a daunting position to stay in for any car owner. Regardless if you are investing in a new car coming from a dealership, or investing in a second hand car, there will be people promoting you their warranty services.

In the dealership, you might come across a pushy sales person that will try everything they could to help you get to sign on for the extended warranty once you help make your initial purchase. You can find advantages to buying during that time, including obtaining the costs in the warranty rolled up to the financing for your car, and understanding that your dealership will continue to be the spot to get any repairs or replacements done. But these comforts could end up costing you hundreds or lots of money over time. Sales people make large commissions on warranties, so they're eager to get you to enroll in one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you should pay more up-front with those third-party companies, as opposed to adding a small number to your monthly car payment bills. But it could very well help you save money.

But simply as not every car sales person has gone out to rip you off, not every third-party providers are great guys, either. The conditions and terms of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to achieve you as being a client, so use that to your advantage. Make a price comparison, look at all the terms of the warranties offered, and tell the companies you speak with “hey, make me the very best offer.” Someone else will if they can't.